Xinhua -- China on Thursday settled a dispute with the United States, the European Union and Canada over the regulation of financial information services. China reached "mutually satisfactory solutions" with the EU, the U.S. and Canada and signed a Memorandum of Understanding on the issue in Geneva with the three parties respectively, said the Chinese mission to the WTO. The EU and the U.S. filed a complaint against China at the WTO in March, claiming that foreign information suppliers such as Thomson Reuters, Bloomberg and Dow Jones suffered unfair treatment in China. Canada joined the case in June, with the same complaints. Joint efforts aimed at solving the dispute through consultations had continued since April.

China Daily -- State Grid Corp of China, which supplies power to 26 provinces, autonomous regions and municipalities across China, has initiated an emergency procurement plan this year worth 2.7 billion yuan in line with the government's policy to boost domestic demand. The firm said that 1.4 billion yuan will be used for power grid construction and upgrading in urban areas in central and western part of the country, and 1.3 billion yuan will be spent on power systems in rural areas. The spending is part of the 4-trillion-yuan stimulus package unveiled by the State Council on Sunday to spur economic growth.